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Lloyds group to close 136 high street bank branches
The Independent
|January 30, 2025
Lloyds Banking Group is to shut 136 more high street branches as it accelerates plans to cut costs and digitise the bank. It will close 61 Lloyds, 61 Halifax and 14 Bank of Scotland branches between May this year and March 2026.
The closure plan comes just weeks after Lloyds shook up its branch business to allow customers of Lloyds, Halifax and Bank of Scotland to use stores across any of its brands for in-person banking.
Lloyds blamed the decision to shut the branches on customers shifting away from banking in person to using mobile services.
It said that all workers at the affected branches will be offered jobs elsewhere in the company.
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